Crypto – Tech News, Reviews, and Tutorials | The Tech Feed https://thetechfeed.site Dive into the world of technology with The Tech Feed. Explore the latest trends, product reviews, and how-to guides Tue, 24 Dec 2024 20:57:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://thetechfeed.site/wp-content/uploads/2024/12/cropped-Favico-Logos-32x32.png Crypto – Tech News, Reviews, and Tutorials | The Tech Feed https://thetechfeed.site 32 32 235835641 Bitcoin Is a Bounty on Abundance Electricity Production https://thetechfeed.site/bitcoin-is-a-bounty-on-abundance-electricity-production/ https://thetechfeed.site/bitcoin-is-a-bounty-on-abundance-electricity-production/#respond Tue, 24 Dec 2024 20:57:47 +0000 https://thetechfeed.site/?p=10709

In a very genial nod to Bitcoin, Cramer asked about the new administration’s plans for crypto and, in his question, drew a comparison to the U.S. strategic petroleum reserve. Will the White House push for something like that?

“Yeah, I think so,” Trump answered. But the rest of his answer really showed an understanding of the cryptocurrency sector’s importance to the global economy in terms of first principles.

That may be the influence of tech engineer and government efficiency advisor Elon Musk, who is famous for saying, “I think it’s important to reason from first principles rather than by analogy.”

Trump Tells Jim Cramer’s About Crypto

“We’re going to do something great with crypto,” Trump told Kramer.

“Because we don’t want China or anybody else— others are embracing it and we want to be the head. We want to be the head of AI. We’re gonna be ahead of AI,” he added.

Then Trump said something that proves he’s a crypto fundamentalist, not just a headline reader doing what Elon Musk or his son Barron are telling him:

“And we’ve got to produce a tremendous amount of electricity. And you know that,” he explained. “It’s unbelievable when you think that we need more than twice what we already have. But we’ll be able to do it.”

The Future History of The 21st Century

Solar panel prices have already fallen on a parabolic trajectory since the 1970s, pacing like Moore’s Law dictates of computer microchip prices. But electricity could become even more abundant and cheap.

Bitcoin is not only new Internet money. It’s also an industry with immediate incentives to develop cheap, abundant, renewable energy production.

Each time the chip race for more efficient Bitcoin miners catches up to the state of the art, the only place left for miners to compete is on electricity costs. They are already poised to race each other for profit against this expense line in their business model.

The possibilities of a smart electrical grid metered by blockchain platforms that are more articulately interchangeable with monetary currencies are scintillating.

Trump Appointments Bullish for Crypto

Before his inauguration on Jan. 20, Trump has already delivered enormous wins for the blockchain cryptocurrency sector.

His nominations for Treasury Secretary, SEC Chair, and White House Crypto “Czar” are very bullish signals for prices on crypto exchange markets.

Two have strong ties to cryptocurrency, and one (Trump’s pick for SEC Chair) is supportive of the industry, according to Mr. Trump.

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What Will Happen if Cardano-Ripple Join Hands? https://thetechfeed.site/what-will-happen-if-cardano-ripple-join-hands/ https://thetechfeed.site/what-will-happen-if-cardano-ripple-join-hands/#respond Tue, 24 Dec 2024 20:16:37 +0000 https://thetechfeed.site/?p=10697

The possibility of collaboration between Cardano and Ripple, as hinted at by Cardano founder Charles Hoskinson, has sparked excitement in the crypto community. Both platforms bring distinct strengths to the table, and their synergy could catalyze transformative innovation in the blockchain and cryptocurrency space. Let’s explore the potential impact and what this partnership could mean for the industry.

1. Uniting Strengths: Ripple’s Resilience Meets Cardano’s Vision

Ripple’s resilience amid legal and regulatory challenges has been a hallmark of its journey. Despite a prolonged legal battle with the SEC, Ripple has continued to innovate, gaining a partial victory that deemed XRP not a security when sold on public exchanges. This determination resonates with Hoskinson, who has praised Ripple’s steadfastness and CTO David Schwartz’s leadership.

On the other hand, Cardano, under Hoskinson’s leadership, is known for its meticulous, research-driven approach. Its advancements in blockchain technology, including smart contracts and privacy-centric sidechains like Midnight, complement Ripple’s focus on cross-border payments and financial solutions. A partnership between these ecosystems could bridge their respective expertise, offering more comprehensive solutions to the crypto world.

2. Key Areas of Collaboration

Hoskinson’s recent discussions with Ripple leadership suggest specific areas where the two ecosystems could collaborate:

  • Privacy and Smart Contracts: Cardano’s privacy-focused sidechain, Midnight, and its smart contract toolkit, Marlowe, could integrate with Ripple’s technology. XRP could play a pivotal role in Midnight’s privacy framework, providing a secure and efficient medium of exchange.
  • Stablecoin Integration: Ripple’s upcoming RLUSD stablecoin could find a home on the Cardano blockchain. This integration could enable seamless transactions, fostering interoperability between Ripple’s payment solutions and Cardano’s ecosystem.
  • Decentralized Finance (DeFi) Synergies: A partnership could enhance both networks’ DeFi capabilities, combining Ripple’s robust payment infrastructure with Cardano’s smart contract functionality to deliver innovative financial products.

3. Industry Implications

A partnership between Cardano and Ripple could have far-reaching implications for the cryptocurrency industry:

  • Increased Interoperability: Collaboration could pave the way for smoother integration across blockchains, reducing fragmentation and making decentralized ecosystems more accessible to users and developers.
  • Strengthened Ecosystem Value: By leveraging each other’s strengths, the partnership could increase the utility and adoption of XRP and ADA, driving growth in their ecosystems.
  • Regulatory Resilience: Ripple’s experience with legal challenges could offer valuable lessons to Cardano, helping both networks navigate regulatory landscapes more effectively.

4. Challenges and Risks

While the collaboration appears promising, there are challenges to consider:

  • Regulatory Uncertainty: Ripple’s ongoing legal battle with the SEC introduces a layer of risk. Any unfavorable outcomes could impact its ability to execute on joint initiatives.
  • Community Alignment: Both ecosystems have distinct communities with varying expectations. Ensuring alignment and managing potential skepticism will be crucial for the success of the partnership.

5. Predicting the Impact

If Cardano and Ripple formalize their partnership, the following outcomes are likely:

  • Enhanced Adoption: The combined strengths of Ripple’s payment network and Cardano’s blockchain technology could attract more developers, enterprises, and users to their platforms.
  • Market Confidence: A partnership of this scale could boost investor confidence, potentially increasing the value of both XRP and ADA.
  • Innovation in DeFi and Privacy Solutions: By focusing on synergies like Midnight and RLUSD, the collaboration could lead to groundbreaking innovations in privacy-centric financial solutions.

Conclusion: A New Frontier for Blockchain Collaboration

A Cardano-Ripple partnership could redefine blockchain collaboration, offering a blueprint for interoperability and co-innovation. While challenges exist, the potential benefits—ranging from improved ecosystem value to enhanced industry impact—make this an exciting prospect for the cryptocurrency world. Should these discussions materialize into concrete actions, the combined force of these two resilient and visionary platforms could set new benchmarks in the blockchain industry.

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3 best cryptos to hold between now and March 2025 when altcoin season is set to end https://thetechfeed.site/3-best-cryptos-to-hold-between-now-and-march-2025-when-altcoin-season-is-set-to-end/ https://thetechfeed.site/3-best-cryptos-to-hold-between-now-and-march-2025-when-altcoin-season-is-set-to-end/#respond Tue, 24 Dec 2024 19:34:19 +0000 https://thetechfeed.site/?p=10682

altcoin season

As we move towards a new year and inch closer to March 2025, optimism is mounting around altcoins, with many crypto investors anticipating exponential returns from these tokens. Among the numerous options available, Rexas Finance (RXS), PEPE, and Toncoin stand out as particularly noteworthy. However, Rexas Finance (RXS) and PEPE are widely expected to lead the pack and deliver superior performance during the upcoming altcoin season. Each of these coins boasts unique characteristics, robust fundamentals, promising tokenomics, and significant growth potential.

Rexas Finance (RXS): The New Name in the Game of Real World Assets Tokenization 

Rexas Finance has rapidly become one of the prominent players in blockchain through its interest in tokenizing real-world assets such as real estate, fine art, and commodities. This ability to tokenize real-world assets allows for fractional ownership of high-value investments, which broadens the base of accessibility. With a structure of ERC-20 tokens, Rexas Finance leverages the strength of the Ethereum blockchain with the disruptive idea of tokenizing assets. Rexas Finance has raised over $29 million and sold more than 357 million tokens in its presale, indicating the level of confidence investors have in the platform’s future. The RXS token, valued at $0.15, is available at presale stage 10.

The CertiK audit also means that the project has a firm security background, so investors are guaranteed safety when dealing with the platform. Rexas Finance also provides the Rexas Token Builder, an application that enables users to construct their tokens, and the Rexas Launchpad, which finances decentralized projects. These features aim to create enormous utility and growth in the future. Investors can purchase RXS tokens using an ERC-20 compatible wallet, such as Trust Wallet or MetaMask, to interact with Rexas Finance. After connecting their wallets to the Rexas Finance platform, customers can swap ETH and USDT for RXS tokens during the ongoing presale in preparation for the forthcoming exchange listing.

Furthermore, Rexas Finance is giving away $1 million to 20 winners, each of whom is compensated with 50,000 RXS tokens by fulfilling simple tasks like sharing the project on social media and referring friends to join the presale. This initiative is meant to reward the first backers and additionally help build the community directed at the token.

PEPE: The Meme Coin with Great Potential

PEPE has become very popular among meme coins, joining Dogecoin and Shiba Inu. With a current price of $0.00002341, a total market cap of $9.84 billion, and a loyal fanbase, the token is set to continue rising in popularity. During bull markets, meme coins have proven to be extremely profitable, which means PEPE can be the next best thing on the next wave of demand. The increasing adoption of meme coins, which PEPE has potential for, along with the loyal community base, is what separates PEPE from the rest. It’s a daring investment for PEPE customers as the price is comparatively low, as long as they have confidence in the meme coin social media wave. PEPE has the ability to increase substantially during the next bull run while preparing to shed another zero. PEPE is slowly earning increasing backing from popular figures and meme creators, enabling it to gain the publicity it requires to be widely accepted. Considering the project’s active user engagement across social media platforms, all indications suggest that its momentum will likely strengthen as 2025 rolls around. As the altcoin season commences, the expectation is that PEPE could reach as high as $0.0001 or even more.

Toncoin: The Future of Decentralized Web3 Infrastructures

With its capability to handle up to several million transactions in a minute, TON is expected to gain a considerable foothold in the Web3 ecosystem. Currently priced at around $6.09 with a market cap of about $15.54 billion, it is only expected to grow further from its current position. Toncoin’s capability of utility within the Web3 ecosystem makes it stand out from other altcoins. With the ability to run a multitude of dApps, in conjunction with smart contracts, Toncoin stands out as an attractive long-term investment. The immense user base that Toncoin has garnered due to its collaboration with Telegram is noteworthy, and these factors are expected to cause high demand for the token. The probability of the token being adopted increases with the development of more decentralized applications on the Toncoin network, solidifying its claim as one of the strongest players in the Web3 ecosystem. The investors’ predictions that Toncoin is at the forefront of decentralized applications and blockchain scalability overlap further prove the above statement.

Conclusion

The crypto market is about to enter an exciting phase towards March 2025, and Rexas Finance (RXS), PEPE, and Toncoin (TON) are set to benefit from it. As mentioned above, each coin has something unique to offer, an appropriate growth likelihood, and a decent entry threshold for investors. Rexas Finance excels in tokenizing real-world assets, giving it a competitive edge in the DeFi longer term. This has raised Rexas Finance $29 million so far, and it will most likely translate into good returns for RXS investors in due course. Elsewhere, Toncoin is still at the forefront of dApp development and blockchain scalability, and PEPE is gaining prominence as an amusing community-driven meme coin. Between now and March 2025, two major cycles will occur, during which these three coins will have outstanding growth that will generate strong returns. During the altcoin season, these altcoins may have good returns using the right timing and market conditions.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

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Can Dogecoin Hit $4? Expert Sets Prediction For Breakout Timing https://thetechfeed.site/can-dogecoin-hit-4-expert-sets-prediction-for-breakout-timing/ https://thetechfeed.site/can-dogecoin-hit-4-expert-sets-prediction-for-breakout-timing/#respond Tue, 24 Dec 2024 18:50:21 +0000 https://thetechfeed.site/?p=10670

Analysts and investors alike have Dogecoin under the lens, particularly in light of recent forecasts indicating a possible price spike. Market analyst Javier Santini has made headlines with his forecast that Dogecoin could hit $4 within a week after an ongoing correction phase.

Analyst’s Take

Javier Santini, founder of Elemento Cripto, bases his prediction on how prices have changed since Dogecoin’s start in 2017. He says that drops below all-time highs are likely to last for a month or more before the coin starts to rise again.

After hitting a high of $0.48 in the wake of the US presidential election results in early December, Dogecoin is currently undergoing a correction. It has since fallen 35%, but according to Santini, this collapse is a normal part of the market cycle.

Santini claims that the historical data for Dogecoin demonstrates recurring trends throughout corrections. Based on Dogecoin’s weekly chart, he provided insights that showed each mid-cool-off period has lasted approximately one month.

He believes that Dogecoin will have a huge rally following this correction, which he believes will end soon, and may hit $4 in as little as a week. Compared to its current price of roughly $0.3253, this would indicate an astounding growth of over 1,168%.

 

Market Sentiment And General Patterns

Dogecoin excites and worries people. Some investors are wary about cryptocurrencies due to their volatility, but others want to profit. While the correction has garnered attention, analysts like Santini say such swings are normal and often precede major rallies.

Other expert @Degengambleh predicts Dogecoin will reach $4.20, supporting Santini’s optimistic estimate. He foresees another rise since a 1,000-day accumulation pattern shows substantial underlying support for the cryptocurrency.

Multiple Variables

Whether Dogecoin actually achieves these lofty goals going forward will depend on numerous variables, including market mood and more general developments within the cryptocurrency space. Very soon, we may yet witness another chapter in this remarkable history of Dogecoin’s—a swift rise after a period of consolidation—if Santini’s theory is correct.

Even though the prediction of Dogecoin’s price is quite vague, there is an optimistic atmosphere that one gets from the previous trends and how the market behaves nowadays. With this, investors are challenged to be aware and really conduct in-depth research along the way as they ride this dynamic financial landscape.

Featured image from Pexels, chart from TradingView

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Bitcoin Price Correction To Extend? Past Trends Points To A Potential 30% Dip https://thetechfeed.site/bitcoin-price-correction-to-extend-past-trends-points-to-a-potential-30-dip/ https://thetechfeed.site/bitcoin-price-correction-to-extend-past-trends-points-to-a-potential-30-dip/#respond Tue, 24 Dec 2024 18:08:14 +0000 https://thetechfeed.site/?p=10658

Bitcoin’s short-term outlook continues to appear negative as volatility mounts in the general crypto market. Over the past few days, the digital asset has dropped as high as 11% since reaching a new all-time high, triggering speculation within the community about an extended price correction to previous support levels.

Is Bitcoin Due For A Prolonged Price Pullback?

The recent bearish performance of Bitcoin may extend significantly in the upcoming days. Crypto expert and Market Sniper trading bot creator Jesse Olsen has highlighted past patterns suggesting that BTC might be on the verge of a huge price pullback.

According to the market expert, Bitcoin could drop as much as 30% in the following days. Drawing parallels to past cycle trends, Jesse Olsen highlights that these kinds of corrections are typically during significant uptrends.

Specifically, Olsen foresees a notable pullback as Bitcoin undergoes a bearish crossover on the Moving Average Convergence Divergence (MACD) indicator. This is because Bitcoin’s price experienced at least a 30% correction the last 3 times the MACD indicator had a bearish crossover on the 3-day chart at high levels.

As price fluctuates, the analyst has pointed to four key levels to watch out for, such as $92,000, $85,000, $80,000, and $70,000, once BTC’s downtrend extends. Should BTC hit 4 out of 4 targets, this implies that the crypto asset could drop to the $70,000 range.

Bitcoin
MACD crossover signals more price decline | Source: Jesse Olsen on X

Given that Bitcoin’s long-term outlook remains bullish, the anticipated correction may offer a positive reset for the market. Furthermore, it could provide an opportunity for new investors to purchase BTC before resuming its upside momentum toward previous resistance levels.

Olsen’s prediction also aligns with that of senior analyst at the CoinDesk news outlet James Van Straten, who forecasts a similar level of pullback in the upcoming days. The analyst cites several important support levels in determining Bitcoin’s next direction.

After examining the BTC’s Entity-Adjusted URPD metric, Van Straten claims that $90,000 is the next key support point for the digital asset. With no support established at this point, the $75,000 threshold could be feasible once BTC loses the $90,000 support point. Thus, the move from $90,000 to $75,000 marks the much-expected 30% pullback completion.

BTC At A Critical Moment

Despite ongoing market volatility, BTC has formed the most crucial trendline. Titan of Crypto, a market expert, considers the trend the most crucial for BTC as its next direction hinges on a breakthrough from the line.

Given the significance of the development, the expert claims there is no cause for alarm as long as it stays above this trend line. Even though the monthly candle does not now appear bullish, one week remains before it closes, suggesting a possible resurgence.

Presently, Bitcoin has dropped by over 2% in the past day to $93,977. Its daily trading volume is showing a rising optimistic sentiment among investors as it increases by nearly 6%.

Bitcoin
BTC trading at $94,306 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Unsplash, chart from Tradingview.com

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What’s next for DeFi in 2025? https://thetechfeed.site/whats-next-for-defi-in-2025/ https://thetechfeed.site/whats-next-for-defi-in-2025/#respond Tue, 24 Dec 2024 17:25:27 +0000 https://thetechfeed.site/?p=10643

Industry executives say Bitcoin staking, tokenized RWAs and AI agents will reshape the cryptocurrency ecosystem.

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How Regulatory Approval of ETFs Sparked Bitcoin’s 150% Growth https://thetechfeed.site/how-regulatory-approval-of-etfs-sparked-bitcoins-150-growth/ https://thetechfeed.site/how-regulatory-approval-of-etfs-sparked-bitcoins-150-growth/#respond Tue, 24 Dec 2024 16:43:07 +0000 https://thetechfeed.site/?p=10634

Understanding Bitcoin ETFs and Why They Matter

An ETF is a tradable security that replicates the series of an asset or group of assets. This allows for investors to get exposure to, in this case, BTC without needing to hold or own the cryptocurrency. This makes it way much easier for institutional investors and participants in traditional markets who would be more cautious in dealing with the intricacies of digital wallet management or securing the cryptocurrency.

The fact that ETFs have received regulatory approval is a new degree of trust and legitimacy in Bitcoin. Such funds would ultimately assure investors that regulators had cleared the asset to meet financial regulations, which is a ripple effect that causes participation to grow more and demand to rise.

Bitcoin Regulation to Drive Growth

Approval of Bitcoin ETFs is dependent on meeting regulatory standards. Clear guidelines by regulatory bodies ensure that these financial products meet security, transparency, and investor protection requirements. When such approvals occur, they instill confidence not only in the crypto space but also in its potential to be integrated into the traditional financial system.

While Bitcoin regulations in many cases do not provide for price increases, per se, in this event they have played a massive role. The ETFs represent the green light toward their broader adoption that was envisioned by investors, hence pushing up demand to hoist prices.

Key Factors Behind the BTC Price Surge

Several factors have contributed to Bitcoin’s bull run, with ETF approval being one of the most significant.

  1. Institutional Interest
    Approval of ETFs made it easier for institutional investors to access Bitcoin. Hedge funds, pension funds, and other large financial entities entered the market, bringing substantial capital with them.
  2. Increased Demand
    ETFs simplify Bitcoin investment for retail investors, fueling demand among those who had previously been hesitant to participate.
  3. Market Sentiment
    Regulatory approval created a sense of optimism, encouraging existing investors to increase their holdings.
  4. Media Coverage
    The approval process attracted widespread media attention, amplifying public interest and driving even more participation.
  5. Global Influence
    Approval of ETFs in major markets influenced investor behavior worldwide, creating a ripple effect across the crypto market.

Comparing Pre- and Post-ETF Approval Bitcoin Prices

The table below illustrates Bitcoin’s price before and after significant ETF approvals in 2023.

Date

Event

BTC Price (USD)

Percentage Increase

January 1, 2023

Before any approval

$16,500

June 15, 2023

First major approval

$24,000

45%

December 1, 2023

Widespread adoption

$41,250

71.9%

This table demonstrates how each approval created momentum, with prices rising significantly following regulatory decisions.

Long-Term Implications of ETF Approvals

The approval of Bitcoin ETFs has broader implications for the crypto market. It has created a bridge between traditional finance and cryptocurrencies, encouraging regulators to develop clearer frameworks for other digital assets. This trend benefits the entire market, fostering innovation and adoption.

At the same time, the growing presence of institutional investors creates stability. These participants bring liquidity and long-term strategies, reducing the volatility typically associated with cryptocurrencies. While price swings still occur, they tend to be less extreme when institutional players are involved.

Challenges and Considerations

Meanwhile, obstacles remain: many regulators have not given any approval, and jurisdictional differences lead to inconsistency and uncertainty. Also, institutional control over Bitcoin raises many long-term questions about its decentralization ethos.

Nevertheless, the endorsement of ETFs shows that crypto market regulation is the key to realizing the full potential of Bitcoin. As more countries do the same, we can expect Bitcoin to gain even greater traction in mainstream financial markets.

The regulatory green light given to Bitcoin ETFs has shaped the crypto market, catapulting the price upwards 150% over the past year. In fact, such products opened the door for wider adoption and growth due to ease of access to the market and, more importantly, a seal of approval from regulators. 

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Hedera Hashgraph price soars as predicted: What’s next for HBAR? https://thetechfeed.site/hedera-hashgraph-price-soars-as-predicted-whats-next-for-hbar/ https://thetechfeed.site/hedera-hashgraph-price-soars-as-predicted-whats-next-for-hbar/#respond Tue, 24 Dec 2024 15:17:49 +0000 https://thetechfeed.site/?p=10610

Hedera Hashgraph’s price rose for the third consecutive day as the Santa Claus rally returned in the crypto market.

Hedera Hashgraph (HBAR) rose to $0.3300 on Christmas Eve, up over 30% from its lowest level last week.

This rebound happened as other popular altcoins recovered. Other top performers included Helium (HNT), JasmyCoin (JASMY), and VeChain (VET).

There was no Hedera-specific news to fuel the jump. As such, the most likely reason for the rally was based on sentiment and technicals. Hedera’s sentiment among traders improved after Canary Capital filed for the first spot in Hedera ETF in November.

Eric Balchunas, the senior ETF analyst at Bloomberg, predicted that the Securities and Exchange Commission will easily approve the HBAR fund. He argued that the agency has not labeled HBAR a security as it has done with other tokens like Solana and Ripple. 

Hedera’s rebound also happened after the futures open interest plunged to $209.7 million on Dec. 22 from last month’s high of $460 million. Most coins often rebound when the open interest and sentiment among traders drops. 

Hedera open interest
Hedera Hashgraph open interest | Source: CoinGlass

Hedera Hashgraph price formed two bullish patterns

Hedera Hashgraph price
HBAR price chart | Source: crypto.news

The most likely reason why the HBAR price has rebounded is what crypto.news predicted last week. In that report, we noted that the coin formed a double-bottom pattern at $0.2350, and whose neckline was at $0.3310, its highest swing on December 13. Such a bottom is usually a sign that bears are afraid of placing short sales below that price. 

Hedera also formed a falling wedge chart pattern, which is shown in purple above. The upper side of this pattern connects the highest level on Dec. 7, 18, and 20. The lower side of this wedge links key downswings this month. A falling wedge often leads to more gains. 

HBAR price also formed a bullish pennant pattern, comprised of a long flag pole followed by a triangle pattern. 

Hedera also remained above the 50-day moving average, signaling that bulls were still in control as it retreated. It has now formed the three white soldiers candlestick pattern, which is characterized by three consecutive candlesticks.

Therefore, the outlook for the HBAR price is bullish, with the next point to watch being the year-to-date high of $0.40, which is 20% higher than the current level. 

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Onboarding the Next Wave of USDT Users as Crypto Markets Surge https://thetechfeed.site/onboarding-the-next-wave-of-usdt-users-as-crypto-markets-surge/ https://thetechfeed.site/onboarding-the-next-wave-of-usdt-users-as-crypto-markets-surge/#respond Tue, 24 Dec 2024 14:34:50 +0000 https://thetechfeed.site/?p=10601

In the fast-moving world of cryptocurrencies, price volatility remains a significant concern for investors. Fortunately, stablecoins, digital assets pegged to stable assets like fiat currencies like the United States dollar (USD), have emerged as a solution, offering traders stability in a market with price swings.

Among the most popular stablecoins is Tether USD  (USDT), a USD-pegged digital asset serving as a cornerstone of the crypto space. This article explores how stablecoins, particularly USDT, transform the cryptocurrency market and how non-custodial wallets like Atomic Wallet help users manage these digital assets easily and securely.

How Stablecoins Are Transforming the Crypto Market

Since the start of the year, the crypto market has experienced unprecedented price surges. According to CoinGecko data, the global crypto market valuation soared from around $2.2 trillion to a peak above $3.9 trillion. This applaudable surge has attracted more attention from retail and institutional investors and captured the interest of seasoned traders and newcomers.

Among the digital assets that played a key role in making this surge in valuation is USDT. The USD-pegged stablecoin has emerged as a preferred choice for navigating market volatility. Like most stablecoins, USDT allows traders to lock in gains without converting to traditional fiat currencies, making them indispensable during periods of heightened price activity.

USDT is the most well-known and widely used stablecoin because it offers a reliable store of value during these market surges, enabling users to manage uncertainty while taking advantage of trading opportunities. Its price stability, maintained by pegging its value to a reserve of fiat currency like the US dollar, makes it a crucial tool for traders. As of this writing, USDT boasts a market capitalization of over $139 billion, highlighting its central role in the cryptocurrency ecosystem.

Additionally, stablecoins play an essential role in improving liquidity. By offering a reliable medium of exchange, they facilitate smoother transactions and quicker settlements. This is especially beneficial for decentralized finance (DeFi) platforms, where users require a stable store of value for lending, borrowing, and trading. The growing use of stablecoins is helping to drive the widespread adoption of blockchain technology in the financial sector and beyond.

USDT’s popularity as a stable and versatile digital asset underscores the importance of having secure and user-friendly tools to manage it effectively. While USDT offers stability and utility for traders and cross-border payments, users often face challenges such as finding a reliable platform to store, trade, and manage their assets. This is where Atomic Wallet excels, providing a robust solution for managing USDT and other cryptocurrencies effortlessly and securely.

Atomic Wallet: A One-Stop Shop for Cryptocurrencies

Atomic Wallet is a non-custodial digital wallet that supports various cryptocurrencies. Whether new to crypto or an experienced investor, this versatile and user-friendly wallet offers a seamless portfolio management experience.

Being a non-custodial wallet, Atomic Wallet gives users control over their private keys, ensuring security and privacy for all their digital assets. It implies that users do not undergo registration or know-your-customer (KYC) assessment before using the app.

Atomic Wallet’s notable features include its support for more than 300 cryptocurrencies, including stablecoins like USDT. Each cryptocurrency in Atomic Wallet is stored in its unique wallet, like the dedicated USDT wallet, allowing users to manage their assets individually while keeping them secure. This organization helps users easily track and manage their different cryptocurrencies without confusion.

Atomic Wallet’s simplicity makes it an excellent choice for beginners. Its clean interface is easy to navigate, even for users with little experience in cryptocurrency. With Atomic Wallet, users can buy, sell, and exchange cryptocurrencies from a single platform. The wallet also allows for easy tracking of the current market value of all stored assets, providing real-time updates.

In addition to its core wallet functionality, Atomic Wallet offers a built-in exchange service. This allows users to swap coins without leaving the platform. The wallet supports both traditional and decentralized exchanges, providing various trading options. This flexibility ensures users can access the best prices and liquidity possible when trading their assets.

One of Atomic Wallet’s standout features is its cross-platform compatibility. The wallet is available on Windows, macOS, Linux, Android, and iOS devices. This ensures that users can access their digital assets from virtually any device anywhere. Whether you’re at home or on the go, you can easily manage your USDT and other cryptocurrencies with Atomic Wallet.

Atomic Wallet also supports staking for certain cryptocurrencies, allowing users to earn passive income on their holdings. Users can participate in the network’s consensus process and earn rewards by staking their assets. This feature makes Atomic Wallet an excellent option for long-term crypto holders looking to earn extra income while keeping their assets secure.

In addition to its core features, Atomic Wallet extends its functionality to support staking for various cryptocurrencies, making it a valuable tool for users seeking to grow their digital assets. Among these is the Solana wallet, a secure and efficient solution for managing SOL, one of the top five cryptocurrencies in the world. With its high transaction speeds and low fees, Solana has become a popular choice for developers and investors. Atomic Wallet’s support for the Solana wallet allows users to securely store their SOL holdings while earning passive income through staking.

Conclusion

Stablecoins like USDT are crucial in the cryptocurrency market, offering stability to mitigate price fluctuations. USDT provides a secure store of value and enables faster, cheaper cross-border transactions. As crypto adoption grows, stablecoins will bridge the gap between traditional finance and digital assets.

Interestingly, Atomic Wallet makes managing stablecoins like USDT and other cryptocurrencies secure and straightforward.

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Top 3 Bitcoin Predictions for 2025 https://thetechfeed.site/top-3-bitcoin-predictions-for-2025/ https://thetechfeed.site/top-3-bitcoin-predictions-for-2025/#respond Tue, 24 Dec 2024 13:47:18 +0000 https://thetechfeed.site/?p=10586

The year 2025 is shaping up to be a transformative one for the cryptocurrency industry. With Bitcoin’s growing role as a global asset, the surge of ETFs, and the rise of stablecoins and decentralized finance (DeFi), the crypto ecosystem is poised for groundbreaking developments. Let’s explore key Bitcoin predictions for 2025 and their potential impact on the future of digital finance.

Top 3 Bitcoin Predictions for 2025

1. Strategic Bitcoin Reserves (SBR) by Nations

In 2025, a G7 or BRICS nation may lead the way in establishing a Strategic Bitcoin Reserve (SBR). The United States has already hinted at this possibility, with President Trump’s administration suggesting a strategic shift toward Bitcoin adoption. Trump’s return to office in January 2025 marks a significant shift in U.S. economic and technological policies, including his administration’s openness to exploring Bitcoin’s potential as a reserve asset.

Why This Matters:

Diversified Reserves: Adding Bitcoin alongside gold, foreign currencies, and bonds could mark a pivotal shift in sovereign wealth management.

Game Theory Dynamics: Nations may race to secure Bitcoin as its limited supply and status as a digital store of value drive urgency.

🎯 If a major economy integrates Bitcoin into its reserve strategy, it could solidify Bitcoin’s role as a global reserve asset and reshape economic power structures.

 

2. Bitcoin DeFi: The Next Frontier

Layer 2 (L2) solutions are unlocking Bitcoin’s potential for decentralized finance. Platforms like Stacks and sBTC are paving the way for native Bitcoin DeFi applications.

What’s Changing:

Enhanced Scalability: L2 networks improve transaction speeds and scalability.

Decentralized Opportunities: Bitcoin holders can now engage in lending, borrowing, and staking without relying on centralized custodians.

🎯 The total value locked (TVL) in Bitcoin DeFi is expected to surpass $24 billion, showcasing the ecosystem’s rapid growth and innovation. Trump’s administration has expressed interest in fostering blockchain advancements, which could further accelerate Bitcoin’s DeFi ecosystem.

 

3. Corporate Adoption of Bitcoin

Tech giants from the “Magnificent Seven” (e.g., Apple, Google) may follow Tesla’s lead and add Bitcoin to their balance sheets.

Why This Could Happen:

New Accounting Standards: Fair value accounting rules, championed under Trump’s administration, will allow companies to report gains and losses from crypto holdings.

Inflation Hedge: Bitcoin’s finite supply offers protection against fiat currency depreciation.

Innovation Leadership: Embracing Bitcoin aligns with the ethos of forward-thinking tech companies.

🎯 Trump’s return to office could encourage corporate treasuries to explore Bitcoin as a strategic asset, reinforcing its legitimacy in traditional finance.

 

By TradingView - BTCUSD_2024-12-24 (All)
By TradingView – BTCUSD_2024-12-24 (All)

Major Crypto Predictions in 2025: What is Coming?

💥Stablecoin Growth

Stablecoins have become a cornerstone of the crypto ecosystem, bridging traditional finance with blockchain. By 2025, their circulating supply is expected to double, exceeding $400 billion.

Key Drivers:

Legislative Support: New stablecoin-specific regulations under Trump’s pro-crypto administration could provide much-needed clarity and foster innovation.

Global Adoption: Millions already use stablecoins for remittances, payments, and hedging against currency volatility.

🎯 Stablecoins not only empower individuals but also strengthen the U.S. dollar’s global dominance as the reserve currency. The Trump administration’s emphasis on financial innovation is expected to further bolster this trend.

 

📈Rise of Crypto ETFs

The launch of spot Bitcoin ETFs in 2024 revolutionized crypto investing. By 2025, these funds, along with Ethereum and other crypto ETFs, are predicted to surge in popularity.

Ethereum Staking ETFs: Offering staking rewards to investors.

Diversified Index Funds: Weighted ETFs for top-performing assets like Solana, Bitcoin, and emerging protocols.

🎯 Trump’s administration is anticipated to encourage financial products that bring crypto into traditional markets, further driving ETF innovation. His pro-business stance is likely to influence the SEC to create a more favorable regulatory environment for crypto funds.

 

🚀Crypto Market Cap Surge

The total cryptocurrency market cap, which hit $3.8 trillion in 2024, is forecasted to exceed $8 trillion by 2025.

Growth Catalysts:

Innovation in dApps: Breakthrough applications in DeFi, NFTs, and AI-powered platforms.

Expanding User Base: Millions of new users entering the ecosystem.

Institutional Investment: Increased capital inflow from traditional markets.

🎯 The Trump administration’s focus on fostering blockchain and crypto innovation could play a pivotal role in achieving this milestone, providing an environment conducive to growth.

 

🏆U.S. Reclaiming Crypto Leadership

With regulatory clarity on the horizon, the U.S. is set to regain its position as a global crypto powerhouse under the leadership of President Trump, who takes office in January 2025.

Key Changes:

Pro-Crypto Leadership: Trump’s administration brings a collaborative regulatory approach, ending restrictive policies like Operation Chokepoint 2.0.

Access to Banking: New initiatives will ensure equitable banking access for crypto startups.

Startup Renaissance: A surge in token launches and blockchain innovation is expected as regulatory hostility subsides.

🎯 Trump’s administration’s focus on economic innovation and deregulation is expected to attract top talent and capital, reinforcing the U.S. as a hub for crypto development and entrepreneurship.

 

📌 As we move into 2025, the crypto industry stands at the cusp of unprecedented growth and maturity. With Trump’s administration fostering pro-crypto policies, the Bitcoin integration into national reserves, the rise of stablecoins and ETFs, and groundbreaking technologies, the ecosystem is poised to redefine global finance. Clearer regulations and innovative developments will pave the way for widespread adoption, solidifying crypto’s role as an unstoppable force in the financial world.

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